INVESTMENT Property in Louisville - Each unit is 2 bedrooms/1 bath with laundry and private fenced yards. Units have been updated to include: in 2020, 2 furnaces, central AC in #724 and window units in #726, 2021 new hot water heaters in both. Unit #724 has been recently updated to include new carpet, flooring, new paint, updated bath. Exterior updates include: paint, new roof and ridge vents in 2018. Very deep lot (approx 175') and space to easily add a 2 car garage or keep as additional parking. Cap rate approximately 5%, has never been vacant, easy to rent. The seller lived in one side and rented the other until 2025. Fabulous Old Town Louisville location, easy access to regional trail system, two blocks from Community Park where you will enjoy musical events, movies in the park and a fenced dog park with pond. This is a great place to live, a few blocks from popular central downtown with an abundance of restaurants, farmer's market and activities. Lease on #726 through Dec 2026, possible buyout; tenant also open to renew lease. 1031 exchange for the seller.
For sale
$900,000
724 Mead St, Louisville, CO 80027
4beds
2baths
1,765sqft
Multi Family
Built in 1985
-- sqft lot
$872,000 Zestimate®
$510/sqft
$-- HOA
What's special
Private fenced yards
- 22 days |
- 836 |
- 33 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Marie Jacobs 303-443-6161,
LIV Sotheby's Intl Realty
Source: IRES as distributed by MLS GRID,MLS#: 1063078
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator
Features
- Separate Dining Room, Open Floorplan
- Basement: None
Interior area
- Total structure area: 1,765
- Total interior livable area: 1,765 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Size: 6,540 Square Feet
Details
- Additional structures: Storage
- Parcel number: R0101344
- Zoning: RES
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Water: City
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Kimberly
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $510/sqft
- Tax assessed value: $945,300
- Annual tax amount: $4,486
- Date on market: 6/30/2026
- Listing terms: Cash,Conventional
- Tenant pays: Gas, Electricity, Trash Collection
- Electric utility on property: Yes
Estimated market value
$872,000
$828,000 - $916,000
$3,217/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $900,000+682.6%$510/sqft |
Source:  IRES as distributed by MLS GRID #1063078 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/21/2017 | Listing removed | $1,450$1/sqft |
Source: Owner Report a problem | ||
| 8/19/2017 | Price change | $1,450-9.4%$1/sqft |
Source: Owner Report a problem | ||
| 8/11/2017 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 4/27/1992 | Sold | $115,000$65/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,486 +1.7% | $59,081 -3.5% |
| 2024 | $4,410 +18.4% | $61,201 -6% |
| 2023 | $3,725 -9.6% | $65,079 +42.5% |
| 2022 | $4,119 +23.8% | $45,656 -11.6% |
| 2021 | $3,327 | $51,625 +20.9% |
| 2020 | $3,327 -11.1% | $42,701 |
| 2019 | $3,744 | $42,701 +1.9% |
| 2018 | $3,744 | $41,911 -9.5% |
| 2017 | $3,744 +20.2% | $46,336 +30.9% |
| 2016 | $3,114 +5.5% | $35,398 +28.1% |
| 2015 | $2,952 +25% | $27,630 |
| 2014 | $2,362 -0.5% | $27,630 |
| 2013 | $2,373 +0.9% | $27,630 -0.8% |
| 2012 | $2,353 +15.8% | $27,860 |
| 2011 | $2,032 +6.2% | -- |
| 2010 | $1,914 -0.3% | $24,360 -18.2% |
| 2009 | $1,919 +2.5% | $29,790 +4.1% |
| 2008 | $1,873 -12% | $28,610 |
| 2007 | $2,127 +18.8% | $28,610 -1.3% |
| 2006 | $1,790 +14.5% | $28,990 |
| 2005 | $1,564 +0.5% | $28,990 +13.1% |
| 2004 | $1,556 +14.1% | $25,640 |
| 2003 | $1,364 +9.7% | $25,640 |
| 2002 | $1,243 | -- |
| 2001 | -- | $217,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80027
Nearby schools
GreatSchools rating
- 9/10Louisville Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Louisville Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Monarch High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Louisville
- Middle: Louisville
- High: Monarch
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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